With rates for Capesizes falling to levels lower even from their smaller counterparts, shipping analysts are looking for future trends, which could shape the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Dry Bulk Market: Will the Current Paradox Become the Norm? Read More »
Capesize The Capesize market looked to have found a bottom by week’s close as rates descended throughout before bouncing back a little at the end. The 5TC weighted average opened the week at $7,390, descended to a low of $5,826 before settling at week’…
Dry Bulk Market: Capesizes Find Bottom Read More »
Demand for secondhand vessels, in terms of enquiries, seems to be on a high at the start of 2022, even if this isn’t currently translated to more S&P deals concluded. In its latest weekly report, shipbroker Intermodal noted that “while it is logica…
Interest in Secondhand Vessels on the Rise Read More »
Despite the demise of the dry bulk market of late, shipowners appear more optimistic in the long run, something shown by their return to shipyards over the past few days. In its latest weekly report, shipbroker Allied said that “another interesting wee…
Dry Bulk Newbuildings on the Rise, Despite Dire Market Conditions Read More »
A copper deficit is set to hit trade and the energy transition hard by the end of the decade, according to Rystad Energy. Global demand for the pink metal will outstrip supply by more than six million tonnes by 2030, unless investment in mining is subs…
Copper investment needed to ensure supply Read More »